Fidelity Private Credit increases JPM facility to $1B; appoints new CLO and CFO

Fidelity Private Credit Co LLC

Total financing commitment under Loan and Security Agreement increased from $950M to $1B; Tranche A commitment up $50M to $800M.
Nicole Macarchuk appointed Secretary and Chief Legal Officer effective Dec 1, 2024, succeeding Margaret Carey.
Stephanie Caron appointed CFO effective Dec 1, 2024, succeeding John J. Burke III; Burke becomes Chief Risk Officer.
Both resignations were not due to any disagreement with Fund's operations, policies, or practices.

item 1.01 item 2.03 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John J. Burke III

Chief Financial Officer

Fidelity Private Credit Co LLC

Effective: 2024-11-30
Successor: Stephanie Caron
Filed: December 2, 2024, 6:59 PM ET

resignation, effective as of the close of business on November 30, 2024, of John J. Burke III as the Chief Financial Officer of the Fund.

Departed

Margaret Carey

Secretary and Chief Legal Officer

Fidelity Private Credit Co LLC

Effective: 2024-11-30
Successor: Nicole Macarchuk
Filed: December 2, 2024, 6:59 PM ET

resignation, effective as of the close of business on November 30, 2024, of Margaret Carey as the Secretary and Chief Legal Officer of the Fund.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John J. Burke III resigned as Chief Financial Officer at Fidelity Private Credit Co LLC.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

resignation, effective as of the close of business on November 30, 2024, of John J. Burke III as the Chief Financial Officer of the Fund.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Margaret Carey resigned as Secretary and Chief Legal Officer at Fidelity Private Credit Co LLC.

Action: resigned
Role: Secretary and Chief Legal Officer

Exact text from the filing

resignation, effective as of the close of business on November 30, 2024, of Margaret Carey as the Secretary and Chief Legal Officer of the Fund.

View on SEC.gov

Source: SEC EDGAR

accession 0000950170-24-132096

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